I'm not chasing. I didn't raise my bid from .322, and I do not regret it. I'm going to keep this bid on another 10 minutes, then I'm going to cancel TMPS for the day. Chasing is a very bad idea, and in this case a grave mistake.
99% of penny stocks are pump and dumps, yet 100% of penny stocks pretend to be in the 1%. Contracts, patents, mergers, partnerships, and other such news are usually "too good to be true" and should be looked at in detail. The source should also be vetted.